PART 1. SHORT TITLE AND GENERAL MATTERS.
Rules for determining whether certain obligations and interests are
securities or financial assets.
Acquisition of security or financial asset or interest therein.
Notice of adverse claim.
Whether endorsement, instruction, or entitlement order is effective.
Warranties in direct holding.
Warranties in indirect holding.
Applicability--Choice of law.
Clearing corporation rules.
Creditor's legal process.
Statute of frauds inapplicable.
Evidentiary rules concerning certificated securities.
Securities intermediary and others not liable to adverse claimant.
Securities intermediary as purchaser for value.
PART 2. ISSUE AND ISSUER.
Issuer's responsibility and defenses; notice of defect or defense.
Staleness as notice of defect or defense.
Effect of issuer's restriction on transfer.
Effect of unauthorized signature on security certificate.
Completion or alteration of security certificate.
Rights and duties of issuer with respect to registered owners.
Effect of signature of authenticating trustee, registrar, or transfer agent.
PART 3. TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES.
Rights of purchaser.
Effect of guaranteeing signature, indorsement, or instruction.
Purchaser's right to requisites for registration of transfer.
to 57A-8-321. Repealed.
PART 4. REGISTRATION.
Duty of issuer to register transfer.
Assurance that indorsement or instruction is effective.
Demand that issuer not register transfer.
Replacement of lost, destroyed, or wrongfully taken security certificate.
Obligation to notify issuer of lost, destroyed, or wrongfully taken security
Authenticating trustee, transfer agent, and registrar.
PART 5. SECURITY ENTITLEMENTS.
Securities account; acquisition of security entitlement from securities
Assertion of adverse claim against entitlement holder.
Property interest of entitlement holder in financial asset held by securities
Duty of securities intermediary to maintain financial asset.
Duty of securities intermediary with respect to payments and distributions.
Duty of securities intermediary to exercise rights as directed by entitlement
Duty of securities intermediary to comply with entitlement order.
Duty of securities intermediary to change entitlement holder's position to
other form of security holding.
Specification of duties of securities intermediary by other statute or
regulation; Manner of performance of duties of securities intermediary and
exercise of rights of entitlement holder.
Rights of purchaser of security entitlement from entitlement holder.
Priority among security interests and entitlement holders.
PART 6. TRANSITION PROVISIONS FOR REVISED ARTICLE 8 AND CONFORMING
AMENDMENTS TO ARTICLES 1, 3, 4, 5, 9, AND 10.
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